Hsin Yung Chien Co (TPE:2114) Total Assets : NT$3,726 Mil (As of Dec. 2024)

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What is Hsin Yung Chien Co Total Assets?

Hsin Yung Chien Co's Total Assets for the quarter that ended in Dec. 2024 was NT$3,726 Mil.

During the past 12 months, Hsin Yung Chien Co's average Total Assets Growth Rate was -1.10% per year. During the past 3 years, the average Total Assets Growth Rate was -0.10% per year. During the past 5 years, the average Total Assets Growth Rate was 2.20% per year. During the past 10 years, the average Total Assets Growth Rate was 1.40% per year.

During the past 13 years, Hsin Yung Chien Co's highest 3-Year average Total Assets Growth Rate was 5.60%. The lowest was -2.60%. And the median was 2.30%.

Total Assets is connected with ROA %. Hsin Yung Chien Co's annualized ROA % for the quarter that ended in Dec. 2024 was 11.30%. Total Assets is also linked to Revenue through Asset Turnover. Hsin Yung Chien Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.11.

Hsin Yung Chien Co Total Assets Historical Data

The historical data trend for Hsin Yung Chien Co's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hsin Yung Chien Co Total Assets Chart

Hsin Yung Chien Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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2,916.07

3,690.14

3,568.55

3,804.62

3,726.15

Hsin Yung Chien Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															3,804.62	3,873.69	3,566.28	3,612.54	3,726.15

Hsin Yung Chien Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Hsin Yung Chien Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	3105.276	+	620.873
	=	3,726

Hsin Yung Chien Co's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	3105.276	+	620.873
	=	3,726

Hsin Yung Chien Co (TPE:2114) Total Assets Explanation

Total Assets is connected with ROA %.

Hsin Yung Chien Co's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	414.468	/	( (3612.542	+	3726.149)	/ 2 )
	=	414.468	/	3669.3455
	=	11.30 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Hsin Yung Chien Co's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	403.285	/	( (3612.542	+	3726.149)	/ 2 )
=	403.285	/	3669.3455
=	0.11

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Hsin Yung Chien Co Total Assets Related Terms

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Hsin Yung Chien Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hsin Yung Chien Co Ltd (TPE:2114) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 294, Nangang 3rd Road, Nan Kung Industrial Zone, Nantou County, Nantou, TWN, 54067

Website

https://www.hyc-king.com

Hsin Yung Chien Co Ltd is engaged in the manufacturing, processing and sales of rubber conveyor belts, rubber sheet, oil resistant, acid resistant, heat resistant packer elements, and other rubber products. Its geographic areas are Northern America, Asia, Europe, and Other locations. It generates the majority of its revenue from Northern America region.

Hsin Yung Chien Co Headlines

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